Always people who want to get wrecked. If going levered long at least use it to buy actual self custody BTC ffs

the really fucking gay stage

When sailor said 80% of strc customer base was retail I knew this kinda shit was going on

https://blossom.primal.net/7e3fe51e36a4041bcfe26657b4e4d4b415c1997ae76dca3b25154dd3926f6b8d.gif

That is a fantastic question. This could be the bottom of the bear because of these moves or the top of the bear because of these moves!

This one? https://image.nostr.build/399dc0308d0938258e6268c2d65ba2ed23a8a6d5c296a2d5e4fb091a33eb6b34.jpg

Euphoric stage, indicating potential market top, as margin usage increases speculation and risk.

With current bitcoin backed loan rates I find that hard to believe. Https://zone21.com However, Robinhood margin, yeah. That's a nice spread 👍 I know people doing that for sure.

Idk, but God damn all this shit makes he Bitcoin price more and more brittle.

I don't think STRC will collapse, just too big at that stage. I think Saylor will lower yield

Risk is always moving. In general, it’s moving from the most competent managers of it to the least competent managers of it. Eventually it gets piled up into the hands of the very least competent (as they do not understand it’s being offloaded onto them). overconfidence => hidden risk => cascad...

The part when retards forget what it feels like to get burned on the stove

The stage that happens right before a Hollywood movie is made about Bitcoin. And it ain't good